this post was submitted on 10 Aug 2023
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Bernie Madoff should have been caught years before he did.
There's zero chance the SEC wasn't fully aware of what he was doing, just like they're fully aware of what Ken Griffen is doing.
They probably weren't fully aware because they didn't want to be.
What's the logic behind this take? I would think they'd stop him if they knew.
Not if they profit off it